Weave Communications Stock Market Value
| WEAV Stock | USD 13.91 0.47 3.50% |
| Symbol | Weave |
Weave Communications Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Weave Communications. If investors know Weave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Weave Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 2.763 | Quarterly Revenue Growth 0.203 | Return On Assets (0.1) | Return On Equity (0.38) |
The market value of Weave Communications is measured differently than its book value, which is the value of Weave that is recorded on the company's balance sheet. Investors also form their own opinion of Weave Communications' value that differs from its market value or its book value, called intrinsic value, which is Weave Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Weave Communications' market value can be influenced by many factors that don't directly affect Weave Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Weave Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weave Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weave Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Weave Communications 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Weave Communications' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Weave Communications.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Weave Communications on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Weave Communications or generate 0.0% return on investment in Weave Communications over 480 days. Weave Communications is related to or competes with Clearwater Analytics, Expensify, Envestnet, Enfusion, VTEX, ON24, and Braze. Weave Communications, Inc. provides a customer communications and engagement software platform in the United States and ... More
Weave Communications Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Weave Communications' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Weave Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | 0.116 | |||
| Maximum Drawdown | 14.51 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 5.05 |
Weave Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Weave Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Weave Communications' standard deviation. In reality, there are many statistical measures that can use Weave Communications historical prices to predict the future Weave Communications' volatility.| Risk Adjusted Performance | 0.1352 | |||
| Jensen Alpha | 0.2751 | |||
| Total Risk Alpha | 0.0147 | |||
| Sortino Ratio | 0.1197 | |||
| Treynor Ratio | 0.3543 |
Weave Communications Backtested Returns
Weave Communications appears to be not too volatile, given 3 months investment horizon. Weave Communications shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Weave Communications, which you can use to evaluate the volatility of the company. Please utilize Weave Communications' Downside Deviation of 2.48, market risk adjusted performance of 0.3643, and Mean Deviation of 1.89 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Weave Communications holds a performance score of 10. The firm maintains a market beta of 1.18, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Weave Communications will likely underperform. Please check Weave Communications' jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Weave Communications' historical returns will revert.
Auto-correlation | 0.85 |
Very good predictability
Weave Communications has very good predictability. Overlapping area represents the amount of predictability between Weave Communications time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Weave Communications price movement. The serial correlation of 0.85 indicates that around 85.0% of current Weave Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 3.02 |
Weave Communications lagged returns against current returns
Autocorrelation, which is Weave Communications stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Weave Communications' stock expected returns. We can calculate the autocorrelation of Weave Communications returns to help us make a trade decision. For example, suppose you find that Weave Communications has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Weave Communications regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Weave Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Weave Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Weave Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Weave Communications Lagged Returns
When evaluating Weave Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Weave Communications stock have on its future price. Weave Communications autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Weave Communications autocorrelation shows the relationship between Weave Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Weave Communications.
Regressed Prices |
| Timeline |
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Additional Tools for Weave Stock Analysis
When running Weave Communications' price analysis, check to measure Weave Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Weave Communications is operating at the current time. Most of Weave Communications' value examination focuses on studying past and present price action to predict the probability of Weave Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weave Communications' price. Additionally, you may evaluate how the addition of Weave Communications to your portfolios can decrease your overall portfolio volatility.